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Home ON South Huron
103-105 MAIN STREET
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103-105 MAIN STREET $679,900
4 days ago
$679,900
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103-105 MAIN STREET
South Huron (Exeter), Ontario N0M1S2

MLS® Number: X12095510
4
Bedrooms
2
Bathrooms
2000 - 2500
Square Feet

Listing Description

Incredible Investment or Live-In Opportunity!Dont miss this rare chance to own an extensively updated, purpose-built solid brick DUPLEX in the heart of Exeter, Ontario, a growing community just 20 minutes to Grand Bend and 30 minutes to London. Ideally located on Main Street, this property offers excellent exposure, multiple income streams, and flexibility for residential or potential commercial use.Set on a 52x130 ft lot, this well-maintained property features two spacious 2-bedroom units, each with private front and rear entrances, in-suite laundry, and thoughtfully updated interiors. Recent renovations include all new windows, updated soffit/fascia, a fire alarm system upgraded to meet fire and sound separation codes, and modern vinyl plank flooring. Both units offer renovated bathrooms, updated baseboard heaters, and energy-efficient ductless mini-split systems for heating and cooling. Additional updates include attic insulation, professional maintenance free landscaping, an expansive concrete patio, and a 10x20 storage shed with a split interior, great for tenant storage or owner use. The interlock brick driveway accommodates up to 5 vehicles with ease.All appliances are owned and included, making this a true turnkey property. The lower unit is currently rented at $1,630/month to a long-term, reliable tenant. The upper unit is vacant, offering an ideal opportunity for owner occupancy or a market rent of $2,100/month. Theres also potential for additional rental income by taking advantage the property's high-traffic location and the custom stone yard sign.With the potential for great Cap Rate, this is an ideal investment for savvy buyers looking to grow their portfolio, generate steady rental income, or offset their mortgage while living in one unit. Whether you choose to live in one and rent the other, rent both, or explore a commercial use - this property offers outstanding value and versatility Floor Plans, Full List of Upgrades & Operating Expenses Available. (40291162)

Location Description

Main & Nelson

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
Exeter
Land Size
50.2 x 130 FT
Annual Property Taxes
$3,419
Parking Type
No Garage
Time on REALTOR.ca
4 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Finished)
Building Features
Features
Flat site, Dry, In-Law Suite
Foundation Type
Poured Concrete
Construction Status
Insulation upgraded
Building Amenities
Separate Electricity Meters, Separate Heating Controls
Rental Equipment
None
Structures
Shed
Heating & Cooling
Cooling
Wall unit
Heating Type
Heat Pump (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Schools, Park, Hospital
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Lower level
Family room
Kitchen
Bedroom
Bedroom 2
Laundry room
Upper Level
Family room
Kitchen
Bedroom
Bedroom 2
Laundry room

Land

Lot Features
Frontage
50 ft ,2 in
Land Depth
130 ft
Landscape Features
Landscaped
Other Property Information
Zoning Description
R1-1
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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